S2 Ep8 - Wells Fargo's CEO says, "There is a limited pool of black talent." - Money Circulation

12/10/2020 50 min Temporada 2 Episodio 8

Listen "S2 Ep8 - Wells Fargo's CEO says, "There is a limited pool of black talent." - Money Circulation "

Episode Synopsis

EPISODE OVERVIEW
Wells Fargo Chief Executive Charles Scharf aka "Chuck" angered some Black employees in a Zoom meeting this summer when he made the statement, "While it might sound like an excuse, the unfortunate reality is that there is a very limited pool of black talent to recruit from," This was the lame excuse Chuck used to explain why the bank had trouble reaching diversity goals.
This is not Wells Fargo's first time in the news. They have admitted to opening fake accounts and opening accounts for customers without knowledge. In February the bank reached a $3 billion settlement with regulators to close the books on the bank's civil and criminal liability.

If you've received value from the podcast, please consider supporting the show 👉  anchor.fm/literacy-kings/support
We greatly appreciate you!

Follow:
Corey Paul @CoreyPaulMusic
J w/ an MBA @JwithMBA
Lit-Eracy Kings @LiteracyKings

Music Production:
Rafael "Box” Hernandez
https://www.beatstars.com/boxoflegacy

DISCLAIMER: Description may contain affiliate links, which means that if you click on one of the product links, we’ll receive a small commission. This helps support the podcast and allows us to continue making content like this. Also, none of the information mentioned is financial advice, we are only sharing our research, experience, and beliefs. Love!
© Literacy Kings LLC

More episodes of the podcast Money, Business and Books with tha homies